When Your Bank Account Gets Low, Make These 4 Moves

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When you log into your bank account, how do your savings look? Probably not as good as you’d like. It always seems like an uphill battle to build (and keep) a decent amount in savings.

But what if your car breaks down, or you have a sudden medical bill?

We’re not judging — we don’t roll like that. We’re here to help. We just don’t want you to have to sell those Elvis-Presley-signed velvet pants you inherited just to pay some lousy plumbing bill. Those pants are sweet.

Try these four tips to get the ball rolling, and start building up your savings so you can breathe a little easier.

1. Try to Earn $100 or More — By Leaving Your House

Look. We get it. Your home is your sanctuary. Your place to be alone. Some days, you don’t even want to have your own family over — let alone people you don’t know.

So, the idea of listing your place on Airbnb is daunting for a lot of folks.

Use Airbnb’s price calculator to see how much money you could make in your area.

Tonya Peters’ husband, Miles Rugh, was one of of those skeptics.

She wanted to list their Virginia Village basement apartment in Denver, Colorado, on Airbnb, but he wasn’t keen on welcoming strangers into their place.

Finally, though, he agreed to give it a try. Now, three years later, the couple has hosted too many guests to count. And the extra income has been a great for them. They plan to use it for some home renovations they’ve been wanting.

“He’s definitely changed his tune,” says Peters, now an Airbnb Superhost. “And he loves having the extra income.”

(Hosting laws vary from city to city. Please understand the rules and regulations applicable to your city and listing.)

 

2. Watch Movie Previews

Carmen Mandato/ The Penny Hoarder

Most of you already know about InboxDollars, but did you know that it will pay you to watch movie previews, celebrity videos, the latest news and dozens of other videos?

Plus, you’ll get a bonus $5 just for signing up.

You need to watch all of the shows in a specific playlist to earn your bucks, so be prepared. InboxDollars lets you know how long the playlist runs before you start watching, and playlists range from a few minutes to about a half hour.

The availability is subject to change, but it’s possible to earn up to $225 a month watching these videos!

3. Get Free Lottery Tickets

A young couple buying lottery tickets at a kiosk.
urbancow/Getty Images

There’s something so satisfying about those gas station scratch-off tickets, but it’s better to avoid them because, well, that’s not Penny Hoarding.

Instead, try scratching for free using an app called Lucktastic (Lucktastic is called Lucktastic Match on iOS). Each day, it releases a new assortment of digital scratch-off tickets. Lucktastic says instant wins range from $1 to $10,000. You can also earn tokens that you can exchange for free gift cards to retailers including Amazon, Walmart, Kohl’s, Sephora and more.

The app is supported by advertising, which allows it to keep the payouts high and the games free.

4. Trade Your Receipts for Cash

At this point, tons of grocery-savings apps have hit the market — and we don’t hate it. But having so many options can become overwhelming, especially for the lazy saver.

If that’s you — the one who just wants to get in and out of the store and save money without doing much thinking — there’s an app we recommend. It’s called Fetch Rewards, and all you have to do to earn rewards is take a photo of your grocery receipt.

No scanning barcodes; no searching for offers; no grocery store limitations.

Here’s what to do:

  1. Download the Fetch Rewards app. (Pst: Enter the code PENNY to earn 2,000 free points!)
  2. Create an account with your email address or through Facebook.
  3. Take a photo of your grocery receipt (must be from the past 14 days).

Fetch Rewards finds opportunities for you to earn rewards for your everyday purchases.

Every time you scan a receipt that includes one of more than 250 participating brands, you’ll earn points — without worrying about matching specific product offers.

If the app does find a match, you’ll earn even more. For example, we recently saw an offer of 2,000 points when you purchase a Suave female hair product. And another for 2,000 points for a 12-pack of Blue Moon.

Once you collect enough points, cash out for a gift card to any of a number of retailers. For example, 10,000 points will get you a $10 Sephora gift card. Or 3,000 points will get you a $3 Panera Bread card.

Go ahead, and start fetching points toward gift cards by downloading Fetch Rewards.

(And, yeah, we somehow resisted the obvious “Mean Girls” reference. You’re welcome.)